Business

Tycoon's arrest sends shock wave through Russia

The arrest of a Russian telecoms and oil tycoon has sent shock waves through the country's business community, with some fearing a return to the dark days of a decade ago, when the Kremlin asserted its power by imprisoning the country's then-richest man and expropriating his companies.

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Japan trade deficit falls to $8.8B as imports ebb

Japan logged a 948.5 billion yen ($8.8 million) trade deficit in August, the 26th straight month of red ink, as weak demand at home hit imports while exports also fell, the Finance ministry reported Thursday.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

Getting the capital you need: key questions and answers

Lacking sufficient capital to grow is the main constraint for most small and middle market companies. To reach the next level of success, capital is the fuel that drives the company’s growth engine. Without it, reaching that next level is almost impossible.

Japan trade deficit falls to $8.8B as imports ebb

Japan logged a 948.5 billion yen ($8.8 million) trade deficit in August, the 26th straight month of red ink, as weak demand at home hit imports while exports also fell, the Finance ministry reported Thursday.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

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